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Societe Generale Closer
To Finalizing BSCH Deal

PARIS -- Societe Generale SA is moving closer to tying up a new partnership deal with Spain's Banco Santander Central Hispano , people close to recent talks between the two banks said.

A deal, which could be sealed before the end of this month, is said to focus essentially on asset management and consumer finance but will also include new commercial agreements strengthening ties between the two banks in investment banking.